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Binance CEO Changpeng Zhao has announced that the company will launch a fiat gateway for South African users, allowing them to make Rand deposits. The announcement was made on day one of the Blockchain Africa conference being held in Johannesburg this week. South Africans will soon be able deposit and use their Rands to interact with the entire Binance Ecosystem. Users will have access to give initial trading pairs including BTC/ZAR, BNB/ZAR, ETH/ZAR, USDT/ZAR and BUSD/ZAR.

Binance to directly invest in Blockchain education in South Africa

Knowles also announced that the Binance Charity Foundation would be donating $1M to support the growth and development of blockchain education in South Africa.

The organisation will be looking to partner with local companies in order to deliver effective educational programs to drive the development of the sector in South Africa.

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